Malaysia seeks to expedite priority projects while plugging leakages in its review of the 2023 budget amid rising sovereign debt levels, according to Prime Minister Anwar Ibrahim. Photo: dpa
Malaysia seeks to expedite priority projects while plugging leakages in its review of the 2023 budget amid rising sovereign debt levels, according to Prime Minister Anwar Ibrahim. Photo: dpa
Malaysia

Malaysia PM Anwar to focus on rising debt in budget; central bank to hike rates to tame inflation

  • PM Anwar said country will seek to expedite priority projects while plugging leakages in its 2023 budget review amid rising sovereign debt levels
  • Malaysia’s central bank will deliver its fifth consecutive quarter percentage point hike to keep high inflation under check and support the struggling ringgit

Malaysia seeks to expedite priority projects while plugging leakages in its review of the 2023 budget amid rising sovereign debt levels, according to Prime Minister Anwar Ibrahim. Photo: dpa
Malaysia seeks to expedite priority projects while plugging leakages in its review of the 2023 budget amid rising sovereign debt levels, according to Prime Minister Anwar Ibrahim. Photo: dpa
READ FULL ARTICLE